#BinanceEarnYieldArena
$TON /USDT gaining momentum with strong bullish trend ready to up mode 🚀🚀
Current Price: 4.052 USDT (+8.40%)
24h High/Low: 4.091 / 3.699
Moving Averages (MA):
MA(7): 4.041
MA(25): 3.985
MA(99): 3.869
RSI(6): 63.670 (Approaching overbought zone)
MACD: Shows a weak bullish momentum.
Technical Analysis:
Uptrend Confirmation: The price is above the 7 MA, 25 MA, and 99 MA, indicating a short-term bullish trend.
Potential Resistance: 4.091 (recent high).
Potential Support: 3.877 - 3.958 (previous low & 25 MA).
Trading Consideration:
If momentum continues, a breakout above 4.091 could signal further upside.
If price retraces, look for support near 3.958 - 3.885 for potential re-entry.
RSI is near 70, indicating a possible overbought condition, so a short-term pullback is possible.
